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Morgan Stanley Fortifies FIG Unit
AHN
Morgan Stanley (MS) has hired four managing directors for its financial institutions group (FIG) to fortify its lost of several bankers last year. The company is the fifth-ranked player in FIG transactions worldwide according to Thomson Financial....
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M.Stanley in talks on News Corp Boston land: report
YAHOO
Reuters - Financial services firm Morgan Stanley
and a Boston property developer are in talks to purchase
waterfront land in the Northeastern city from News Corp
, the Boston Globe reported on Saturday.
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Morgan Stanley says SEC seeks Mack testimony
YAHOO
Reuters - The U.S. Securities and Exchange
Commission has asked Morgan Stanley Chief Executive John
Mack to testify regarding what role he may have played in an
insider trading case involving hedge fund Pequot Capital,
Morgan Stanley said on Friday.
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Three Wall Street brokers sue theflyonthewall.com
YAHOO
Reuters - The brokerage units of Lehman Brothers
Holdings Inc., Merrill Lynch & Co. Inc. and Morgan Stanley on
Monday sued theflyonthewall.com, accusing the Web site of
infringing the copyright of their equity research reports.
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Drop in factory orders unnerves investors
YAHOO
AP - Stocks dropped in early trading Friday after a report showed the first back-to-back decline in big ticket factory goods in two years, a surprising sign that the economy is modereating at a faster pace than many expected.
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Stock futures up after last session rally
YAHOO
AP - U.S. stock futures were higher Thursday after the last session's rally, as investors hunt for a comfortable trading range before next week's Federal Reserve meeting.
Sources: YAHOO
Morgan Stanley profit more than doubles
YAHOO
AP - Morgan Stanley Inc. on Wednesday took another step closer to fulfilling Chief Executive John Mack's pledge of a financial turnaround, posting second-quarter profit that more than doubled on stronger trading, underwriting and investment gains. The company's shares soared more than 4 percent to their biggest one-day gain this year.
Sources: YAHOO
Morgan Stanley Reports Double Net Income
AHN
On the first year under Chairman and Chief Executive Officer John Mack's tutelage, Morgan Stanley reports more than doubled second-quarter earnings. The figures were driven by increased trading revenue and fees from dealing stock and bond sales....
Sources: AHN
U.S. Stocks Up; Oil And Gold Rise Amid Nuclear Tension
AHN
U.S. stocks saw sizable gains on Wednesday, carried by positive earnings reports from FedEx and Morgan Stanley. However, oil continues to rise as tension between the U.S. and North Korea begins to build once more. The Dow Jones Industrial Average jumped 104.62 points, to close at 11,079.46. The...
Sources: AHN
Stocks climb on strong earnings
YAHOO
AP - Stocks rose smartly in morning trading Wednesday as stronger-than-expect
Sources: YAHOO
Morgan Stanley's Earnings On The Rise
AHN
According to Morgan Stanley, their second quarter earnings more than doubled because of increases to underwriting, mergers and trading revenues. A net income of $1.96 billion was reported by the third largest securities firm for the quarter that ended on May 26. The same quarter saw a net income...
Sources: AHN
Morgan Stanley earnings more than double
YAHOO
Reuters - U.S. investment bank Morgan Stanley
on Wednesday said its second-quarter earnings more than
doubled, trouncing expectations amid strong increases in
underwriting and trading revenue.
Sources: YAHOO
Stock futures point to flat start
YAHOO
Reuters - U.S. stock index futures indicated a
flat market open on Wednesday as investors sought clues about
the strength of corporate profits from earnings of investment
bank Morgan Stanley and delivery company FedEx Corp.
Sources: YAHOO
Morgan Stanley raises bid for TransMontaigne
YAHOO
Reuters - Morgan Stanley , which is trying
to build its profitable commodities business, raised its offer
by 3 percent in a bidding war for oil products marketer
TransMontaigne Inc. , a regulatory filing said on
Monday, valuing the company at $634 million.
Sources: YAHOO
Discover targets small business with new card plan
YAHOO
Reuters - Discover Financial Services, the
credit card division of Morgan Stanley , on Monday
launched a card targeting small business owners, a big market
it says gets little attention from other issuers.
Sources: YAHOO
Bank of Japan May Raise Rates in June
YAHOO
AP - The Bank of Japan's concern over rising prices indicates that it could move as early as next month to raise interest rates, Morgan Stanley said Wednesday in its latest outlook for the anticipated shift.
Sources: YAHOO
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